Associated Wire Rope Fabricators

Organization Overview

Associated Wire Rope Fabricators is located in Wixom, MI. The organization was established in 1979. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Wire Rope Fabricators is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Associated Wire Rope Fabricators generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE MECHANICAL AND INCIDENTAL INTERESTS AMONG VARIOUS TRADES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVENTIONS FOR 375 MEMBER COMPANIES IN THE ASSOCIATION. THE ORGANIZATION HOLDS TWO CONVENTIONS A YEAR FOR ITS MEMBER COMPANIES.


PUBLICATION OF FOUR NEWSLETTERS TITLED "SLINGMAKER". THESE NEWSLETTERS ARE PROVIDED ONLY TO THE MEMBERS OF THE ORGANIZATION. THE INCOME PRODUCED FROM THE NEWSLETTERS IS DERIVED FROM ADVERTISING IN THE NEWSLETTER. THE NEWSLETTERS ARE FREE OF CHARGE TO THE MEMBERS OF THE ORGANIZATION.


THE ORGANIZATION PROVIDES NINE COMPETITIVE SCHOLARSHIPS AWARDED TO MEMBER EMPLOYEES' CHILDREN. THE ORGANIZATION ALSO PROVIDED A DONATION TO ST. JUDE CHILDREN'S HOSPITAL.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$421,723
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$24,511
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$446,234
Total Program Service Revenue$970,110
Investment income $13,362
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $11,595
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,455,406

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